Oro, a social fintech platform helping employers offer homeownership and housing wellness as employee benefits, announced today it has raised $3 million in funding led by Slauson & Co., with participation from Northwestern Mutual Future Ventures and Bronze Valley.

As companies face mounting challenges around employee retention and engagement, and employees struggle with higher interest rates, rents and home prices, housing has emerged as one of the most significant and overlooked drivers of workforce instability. In recent years, companies have expanded benefits around healthcare, fertility, student loans, and mental wellness, but housing has remained largely absent from the benefits stack despite being the single largest expense and driver of financial stress most employees face.